Chelsea goalkeeper Mark Schwarzer set to sign for Leicester

FOXES MOVE: Mark Schwarzer is set to join Leicester until the end of next season [GETTY]

The 42-year-old stopper is expected to pen a deal to join Nigel Pearson's struggling Foxes until the end of next season.

Schwarzer's departure means Chelsea will hold on to Czech Republic international Petr Cech, who has been strongly linked with a move to Arsenal and Liverpool after losing his first team place to Thibaut Courtois.

The veteran Aussie is expected to provide cover for the injured Kasper Schmeichel.

Pearson admitted this week he was unsure when the Danish keeper, who broke a metatarsal in training last month, would return.

He said: “Kasper is at home at the moment and resting. That will not be something we will look into any further for a couple of weeks.

“The next time he will have consultation we will have a better idea of what the length of time he will be out. That will be two or three weeks yet.”

Schwarzer signed for Bradford in 1996 before moving to Middlesbrough a year later.

The Aussie joined Fulham on a free transfer in 2008 and was part of Roy Hodgson's side that reached the Europa League final.

He moved to the Cottagers' local rivals Chelsea in 2013 but has made just 12 appearances for the Blues.